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KS Energy Scores Drilling Rig Contract Worth US$2.8 Million

Shares Investment

KS Energy has announced that a consortium of PT Atlantic Oilfield Services, a subsidiary of KS Drilling and PT Java Star Rig, a joint venture of KS Drilling, has been awarded a contract for the “KS Java Star” jack-up drilling rig.

KS Drilling is an investment holding company 80 percent owned by the group. The expected value of the new contract is approximately US$2.8 million and is expected to begin in December 2015.



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